Camp Laughing Loon

Analysis

Camp Laughing Loon is a registered charity in United States, based in E Waterboro, ME. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Camp Laughing Loon reported income of $240k and spending of $196k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $240k (+107%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Laughing Loon sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 51st percentile within ME. Charities of a similar size with the same main cause include El Sistema USA ($240k), America the Beautiful Fund Inc ($240k) and Envision Blind Sports ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 90% of the total. Other salaries and wages came to $109k. At year end it held assets of $175k against liabilities of $0, net assets of $175k. It reported 26 employees.